18 Oct
|
Opportune Technologies
|
Malad
18 Oct
Opportune Technologies
Malad
Position
Payroll Executive
Department
Payroll / Finance Operations
Experience Required
3–4 years of relevant end-to-end Indian payroll experience
Employment Type
Full-time
Location / Reporting To
As per company requirement / Payroll Manager
1. About Opportune and the Payroll Department
Opportune operates in the HRMS and payroll services space, supporting organisations with payroll-related processes and technology-enabled HR operations. The Payroll Department works with employee and salary data, monthly payroll processing, statutory calculations, payroll reports, salary disbursement support and client coordination. The role requires accuracy, confidentiality, timely delivery and a service-oriented approach.
2. Short
We are looking for a detail-oriented Payroll Executive with 3–4 years of hands-on experience in end-to-end monthly payroll processing in India. The candidate should be comfortable handling payroll for multiple clients or a large employee base, preparing payroll reports, managing statutory deductions and salary TDS, supporting year-end tax activities, and coordinating with HR, Finance, Accounts and clients.
Strong
Excel skills, working knowledge of payroll/HRMS software and a good understanding of Indian payroll compliances are essential.
3. Key Responsibilities
· Process monthly payroll end to end, ensuring accurate calculations and timely closure.
· Prepare, review and validate pay registers, payroll summaries and other monthly payroll reports.
· Verify attendance, leave, loss of pay (LOP), paid days and inputs received from HR or clients.
· Calculate salary earnings, deductions, arrears, reimbursements, increments and salary revisions.
· Process employee additions, exits, salary changes and other employee-master updates.
· Calculate and support compliance for PF, ESIC, Professional Tax (PT), Labour Welfare Fund (LWF) and other applicable statutory components.
· Perform monthly salary TDS calculations, maintain tax workings and support Form 24Q, Form 16 and related activities.
· Prepare and validate salary disbursement files and coordinate for salary release.
· Process Full and Final (F&F;) settlements, including leave encashment, notice pay, recoveries, gratuity and other applicable components.
· Perform payroll, salary, statutory and accounting reconciliations; investigate and resolve differences.
· Maintain accurate employee salary master data and payroll records in HRMS/payroll software.
· Respond to employee and client queries related to salary, payslips, PF, ESIC, PT and TDS.
· Coordinate with HR, Finance, Accounts, clients, banks and statutory consultants as required.
· Support internal, statutory and payroll audits by providing workings, reports and supporting documents.
· Track changes in applicable payroll and statutory rules and support timely implementation.
· Identify payroll discrepancies and system-related issues, follow up for resolution and maintain proper documentation.
· Protect confidential employee and salary information and follow defined approval and data-security processes.
4. Required Experience and Industry Background
· 3–4 years of practical experience in end-to-end Indian payroll processing is required, candidates with only HR recruitment or attendance-management experience will not be suitable.
· Preference for candidates from payroll outsourcing companies, HRMS/payroll service providers, HR consulting firms, or organisations handling payroll for multiple clients.
· Candidates from a company payroll team may also be considered if they independently manage payroll calculations, statutory deductions, TDS, reconciliations and employee queries.
· Experience handling payroll for multiple clients, different salary structures and varying client-specific payroll policies will be an advantage.
· Hands-on exposure to Indian payroll statutory compliance and salary TDS is essential.
5. Tools and Software Knowledge
· MS Excel – Essential: Strong working knowledge of formulas such as IF, SUMIF/SUMIFS, COUNTIF/COUNTIFS, VLOOKUP/XLOOKUP, Pivot Tables, filters, sorting and data validation. Ability to check and reconcile large payroll data sets.
· Payroll / HRMS Software – Essential: Practical experience using payroll or HRMS software for employee master data, salary processing, pay registers and payroll reports. Experience with any recognised payroll system is acceptable.
· Statutory Portals – Essential: Working knowledge of relevant EPFO, ESIC, Qualified Tax and Income Tax/TRACES portals and processes.
· Email and Documentation: Comfortable using Outlook or similar email tools, Word, PDF documents and organised digital record-keeping.
6. Skills and Competencies
· Strong numerical accuracy and attention to detail.
· Good understanding of payroll calculations, statutory deductions and salary TDS.
· Ability to manage deadlines and prioritise payroll work during monthly closure.
· Good follow-up, coordination and problem-solving skills.
· Clear and professional communication with employees, clients and internal teams.
· Ability to handle confidential information responsibly.
· Willingness to learn new payroll systems and adapt to different client requirements.
7. Qualification
Graduate in Commerce, Accounting, Finance, HR or a related discipline preferred. A relevant payroll/statutory compliance certification is an advantage but not mandatory where practical experience is strong.
8. Success Measures
· Payroll is completed accurately and within agreed timelines.
· Payroll reports, statutory calculations and reconciliations are complete and properly checked.
· Payroll queries and discrepancies are resolved within reasonable turnaround times.
· Employee data and payroll documentation are accurate, confidential and audit-ready.
Pay: ₹35,000.00 - ₹40,000.00 per month
Work Location: In person
📌 Payroll Executive (Malad)
🏢 Opportune Technologies
📍 Malad